Experience

Hemlock Distribution Center – Fontana, CA

In 2013, REDA acquired a 16.8 acre land parcel in the City of Fontana, CA and completed entitlements for a 351,378 square foot distribution building. In July 2014, REDA commenced construction of the speculative development and completed the building under budget in May, 2015. REDA sold the building to Northwestern Mutual Life Co. in June 2015. The project returned an excess of 60% IRR to our investors.

Francis Distribution Center – Ontario, CA

The Francis Distribution Center is the redevelopment of an existing 290,000 square foot warehouse building in to a speculative development of an 811,000 square foot distribution warehouse.

The site was acquired in venture between REDA and Alere Property Group, LLC in early 2012 and gain city approvals in September 2012.

The total project cost is expected to be in excess of $50 million with a completion scheduled for late 2013.

Newport Heights Medical Campus – Newport Beach, CA

Newport Heights Medical Campus is a 4 acre, 64,000 square foot medical office campus located in Newport Beach, CA. Ideally located, the project is located approximately 4 miles from Hoag Presbyterian Hospital, less than 1 mile from John Wayne (Santa Ana) Airport and adjacent to coastal Orange County. The project is expected to be completed in early 2016 and will be OSHP 3 compliant.

Harley Knox Distribution Center – Perris, CA

In 2011, REDA acquired 15.62 acres of land in Perris, CA. During escrow, REDA re-entitled the site for a 344,000 square foot distribution and warehouse facility. REDA sold the entitled land to an unaffiliated developer in 2013 who commenced construction on the project. REDA and its partners held the site for 24 months and upon completion of the sale, the project returned an unleveraged IRR of 19.9%.

Douglas Park – Long Beach, CA

Douglas Park was the redevelopment of land formerly used by Boeing Aerospace. The project was a multi-phased development which included an office and industrial park. The project was capitalized by a major institutional investor.

Phase One was completed in 2009 and consisted of 9 office buildings totaling 415,000 square feet.

The total project cost was in excess of $85 million.

Kimberly Business Center – Fullerton, CA

The Kimberly Business Center was the redevelopment of an environmentally contaminated site into a 300,000 square foot industrial business park. The project offered for sale, free standing industrial buildings and condominium units. The project was capitalized by a major institutional investor.

The project was acquired in a competition bid process and the transaction closed in less than two weeks.

Total project cost was in excess of $48 million.

Verizon Wireless Headquarters – Irvine, CA

Verizon Wireless Regional Headquarters was a build to suit consisting of 5 buildings, totaling 475,000 square feet in a campus setting on 29.5 acres. The project was capitalized by a private investment holding company.

The project was completed in 2000 with a total value in excess of $90 million.